Record Profits for Emirates

THE EMIRATES Group has marked its 23rd consecutive year of profit with a record performance of AED 5.9 billion ($1.6 billion) net profit.  The latest Annual Report of the Emirates Group – comprising Emirates Airline, air travel service provider dnata and their subsidiary companies – was released in Dubai in May by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group.
This year’s record results represent our drive to push the boundaries of aviation, questioning the norms and advocating for open and fair competition,” he said.  “Despite unforeseen challenges in the form of political instability and shocking natural disasters, we have managed, through sheer determination, nimbleness and quick-thinking, to produce our best ever result.
The Group’s revenue increased by 26.4% (reaching $15.6 billion) with the airline adjusting flight schedules and redeploying aircraft to cope with the changing political situation in the area.  During the year, dnata also took ownership of the Alpha Flight Group Ltd, a caterer with operations in 61 airports globally.